RG Barry Brands’ CEO Greg Tun­ney Steps Down

Shoes & Accessories - - Contents -

RG Barry Brands’s pres­i­dent and CEO Greg Tun­ney is step­ping down from both roles, ef­fec­tive im­me­di­ately.

Tun­ney will con­tinue to work with its board of di­rec­tors in the role of se­nior ad­viser. In De­cem­ber, Tun­ney will also as­sume the post of chair­man of the Two Ten Footwear Foun­da­tion.

And Tun­ney isn’t step­ping away the dayto-day ac­tiv­i­ties of the shoe busi­ness. After tak­ing a break to spend time with fam­ily, he will take on a new role at a footwear and ac­ces­sories firm.

“New chal­lenges and op­por­tu­ni­ties are what gets my juices go­ing,” he said. “I think I did ev­ery­thing to grow our busi­ness at RG Barry, and the time had come for me to move on and take on some new op­por­tu­ni­ties.”

Dur­ing Tun­ney’s ten­ure at RG Barry, the firm tran­si­tioned from be­ing a pub­lic com­pany to a pri­vate one and ac­quired the Bag­gallini bag line and the Foot­petals footwear ac­ces­sories brand. Ac­cord­ing to Tun­ney, dur­ing the past 12 years, the com­pany has achieved more com­bined prof­its than it had been able to achieve in the prior 58 years in to­tal. The com­pany ex­pects to post 2017 sales of $200 mil­lion.

An in­dus­try vet­eran, Tun­ney also re­flected on the dra­matic changes that have trans­formed the re­tail busi­ness in re­cent years. “The con­ver­gence of the e-com­merce wars, the col­lapse of the mid-tier chan­nel and the drive of dis­count [stores] have made this busi­ness not for the faint of heart. How­ever, these [changes] drive the busi­ness and make it ex­cit­ing.”

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